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Intangible Assets, net (Tables) | 6 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Reconciliation of the Activity Affecting Finite Lived Intangible Assets | A reconciliation of the activity affecting intangible assets, net is as follows:
(In thousands) | Indefinite- Lived Trademarks |  | Finite-Lived Trademarks and Customer Relationships |  | Totals
Gross Carrying Amounts |  |  |  |  |
Balance — March 31, 2021 | $ | 2,281,988 |  |  | $ | 389,347 |  |  | $ | 2,671,335 |
Additions | 204,100 |  |  | 24,870 |  |  | 228,970 |
Effects of foreign currency exchange rates | (4,498) |  |  | (139) |  |  | (4,637) |
Balance — September 30, 2021 | 2,481,590 |  |  | 414,078 |  |  | 2,895,668 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2021 | — |  |  | 195,606 |  |  | 195,606 |
Additions | — |  |  | 10,228 |  |  | 10,228 |
Effects of foreign currency exchange rates | — |  |  | (86) |  |  | (86) |
Balance — September 30, 2021 | — |  |  | 205,748 |  |  | 205,748 |
Intangible assets, net - September 30, 2021 | $ | 2,481,590 |  |  | $ | 208,330 |  |  | $ | 2,689,920 |
Reconciliation of the Activity Affecting Indefinite Lived Intangible Assets | A reconciliation of the activity affecting intangible assets, net is as follows:
(In thousands) | Indefinite- Lived Trademarks |  | Finite-Lived Trademarks and Customer Relationships |  | Totals
Gross Carrying Amounts |  |  |  |  |
Balance — March 31, 2021 | $ | 2,281,988 |  |  | $ | 389,347 |  |  | $ | 2,671,335 |
Additions | 204,100 |  |  | 24,870 |  |  | 228,970 |
Effects of foreign currency exchange rates | (4,498) |  |  | (139) |  |  | (4,637) |
Balance — September 30, 2021 | 2,481,590 |  |  | 414,078 |  |  | 2,895,668 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2021 | — |  |  | 195,606 |  |  | 195,606 |
Additions | — |  |  | 10,228 |  |  | 10,228 |
Effects of foreign currency exchange rates | — |  |  | (86) |  |  | (86) |
Balance — September 30, 2021 | — |  |  | 205,748 |  |  | 205,748 |
Intangible assets, net - September 30, 2021 | $ | 2,481,590 |  |  | $ | 208,330 |  |  | $ | 2,689,920 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 30 years, and the estimated amortization expense for each of the five succeeding years and the periods thereafter is as follows (in thousands):
(In thousands) |
Year Ending March 31, | Amount
2022 (remaining six months ended March 31, 2022) | $ | 10,721 |
2023 | 21,413 |
2024 | 21,379 |
2025 | 19,287 |
2026 | 16,904 |
Thereafter | 118,626 |
| $ | 208,330 |

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